Logitech (LOGI) Tops Q2 EPS by $1.30, Revenues Rise 75% on Work from Home Boom

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Go back to Logitech (LOGI) Tops Q2 EPS by $1.30, Revenues Rise 75% on Work from Home Boom

Logitech’s Q2 Sales Grow 75%, Operating Income Up Over 300%

October 19, 2020 9:00 PM EDT

Company Raises Annual Outlook as Hybrid Work Culture Takes Shape

LAUSANNE, Switzerland & NEWARK, Calif.--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2021.

Q2 sales were $1.26 billion, up 75 percent in US dollars and 73 percent in constant currency, compared to Q2 of the prior year. This was the first time ever that Logitechs quarterly sales exceeded the billion-dollar mark. Q2 GAAP operating income grew 372 percent to... More